Nevada § 672.350 Board of directors: Number, election and terms of members; procedure for filling vacancy

Nevada Statutes

§ 672.350 — Board of directors: Number, election and terms of members; procedure for filling vacancy

Nevada § 672.350

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 672Credit

DIRECTORS, OFFICERS AND COMMITTEES

This text of Nevada § 672.350 (Board of directors: Number, election and terms of members; procedure for filling vacancy) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 672.350 (2026).

Text

1.The business affairs of a credit union shall be directed by an odd-numbered board of not fewer than five directors to be elected at the annual meetings by and from the members, and an audit and credit committee if appointed by the board. The persons designated in the articles of incorporation shall be the first directors.

2.All members of the board and such committees shall hold office for such terms as the bylaws may provide.

3.Vacancies in the board of directors shall be filled by vote of the members at the annual meeting or at a special meeting called for that purpose. The board may fill any vacancies occurring in the board until successors elected at the annual meeting or special meeting have qualified. The board shall also fill vacancies in the credit and audit committees.

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1. The business affairs of a credit union shall be directed by an odd-numbered board of not fewer than five directors to be elected at the annual meetings by and from the members, and an audit and credit committee if appointed by the board. The persons designated in the articles of incorporation shall be the first directors.
2. All members of the board and such committees shall hold office for such terms as the bylaws may provide.
3. Vacancies in the board of directors shall be filled by vote of the members at the annual meeting or at a special meeting called for that purpose. The board may fill any vacancies occurring in the board until successors elected at the annual meeting or special meeting have qualified. The board shall also fill vacancies in the credit and audit committees.